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With the SEC v. Ripple decision emerging recently, many commentators (see here and here) have focused on the holding of the case, which is the correct place to start. This post focuses on the holding, plus additional matters discussed in the decision and additional insights gleaned from the rest of the decision. Foundational Facts of
On June 21, to mark the one-year anniversary of the Uyghur Forced Labor Prevention Act’s entry into force, Fred Rocafort participated in a Q&A session on the topic. Here are some highlights of that event. The discussion revolves around the critical subject of forced labor and the efforts undertaken by the U.S. Government to eradicate
Introduction In today’s global marketplace, businesses face numerous challenges when it comes to protecting their trademarks on an international scale. Trademark infringement litigation is an option when a person or business is infringing your trademark rights in another country. These cases involving international dimensions can be complex, encompassing jurisdictional issues, cross-border enforcement, and a secondary
Con la Web3 en el horizonte y la transformación digital en el aire, las tecnologías de cadena de bloques, como los contratos inteligentes, se están volviendo cada vez más habituales en los procesos empresariales. Toda empresa debería preguntarse cómo puede incorporar estas tecnologías a su modelo de negocio. A modo de contexto, un contrato inteligente es un fragmento de código que se ejecuta automáticamente y que reside en una cadena de bloques y
Introduction Per Investopedia, foreign direct investment occurs Foreign direct investment occurs when an individual or a company acquires “an ownership stake in a foreign company or project made by an investor, company, or government from another country. Post-pandemic, foreign direct investment is again on a growth track, and as with other trending industries or growth
A pesar de algunas medidas coercitivas de gran repercusión y del caos generalizado que reina en el sector de las cadenas de bloques (véase aquí y aquí), muchos fundadores siguen desarrollando sus proyectos, ganando terreno en el mercado y obteniendo financiación. Lo sabemos porque hablamos con muchos de estos emprendedores cada semana. A continuación se incluye un extracto de un correo electrónico que envié recientemente a
U.S. shippers of electric and hybrid vehicles that do not understand and abide by their IMDG compliance obligations risk severe consequences. U.S. shippers/exporters of new and used electric and hybrid vehicles face complex compliance issues when shipping aboard oceangoing vessels, not least of which is the International Maritime Dangerous Goods Code (“IMDG Code”). Sometimes, carriers
Introduction In a recent development, L&T Technology Services (LTTS), an India-based company with U.S. offices, has agreed to pay over $9.9 million to settle allegations of visa fraud. The company was accused by the U.S. Department of Justice of underpaying visa fees by acquiring cheaper B-1 visas instead of the more expensive H-1B visas, which
If you have been following the news around Web3 lately, you may have heard of smart contracts. They are used in a wide variety of decentralized digital transactions, including NFT sales, decentralized autonomous organizations (DAOs), and decentralized applications (dApps). Because smart contracts can relieve some of the hassle involved with traditional contracts, many businesses are
On the heels of this post I wrote last month about the importance of how an arbitration clause is drafted, especially in the international context, I’m happy to report my colleagues recently defeated a motion to compel arbitration based on an incomplete provision. The Arbitration Provision in Question Our client (plaintiff) entered into a contract
